Not aware of Kiran Karnik being on EMRI board: PC Gupta Not aware of Kiran Karnik being on EMRI board: PC Gupta Chartered Accountant CA ICAI Chartered Accountants CA ICAI CAinINDIA ICAI Announcements Accounting Standards CA News ICAI Students ICAI Members Case Laws CPT IPCC Final ICAI Course CA Course ICAI Forum CA Question Papers ICAI Study Material

« News Headlines »

Income tax on your gold and real estate investments
Extension of time limit for submitting the declaration in FORM GST TRAN-1 under rule 117(1A) of the Central Goods and Service Tax Rules, 2017 in certain cases
How RBI dealt with the crisis amid tensions with FinMin
Pay tax on this PF account withdrawal Income tax return (ITR) filinga
Seeks to make amendments (Ninth Amendment, 2018) to the CGST Rules, 2017.
How govt is dealing with tax evasion, corporate fraud
How to check income tax return (ITR) status
Second instalment of advance tax due on 15 September
Missed the deadline for filing India ITR? Here is what you can do
Last date for filing GST annual return is December 31
How insurance policies help you save tax


« Manipulated Satyam accounts for 7 yrs, confesses Raju...	Satyam fraud: More than accounting skullduggery... »
Not aware of Kiran Karnik being on EMRI board: PC Gupta

January, 12th 2009
Minister of Corporate Affairs PC Gupta said he was not aware that Kiran Karnik, one of the newly-appointed Satyam board member, was also on the board of Emergency Management and Research Institute (EMRI). However, he said there is no conflict of interest with HDFC chairman Deepak Parekh being on the board of other IT companies.Mr Parekh is also on the new Satyam board. ICAI will take its own action in due course, do not want to rush to any action under pressure, Gupta added. Commenting on the same, EMRI CEO, Venkat Changavalli said Karnik resigned from EMRI governing board on January 9. He also said that Satyam founder and former Chairman, B Ramalinga Raju also resigned as EMRI Chairman on January 7. EMRI, a non-profit organisation, has been providing comprehensive emergency response services since August 2005 in Andhra Pradesh and was expanding into other states.